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The agribusiness sector which comprises the collective business activities performed from farm to fork is an important generator of employment and income worldwide.
Agribusiness and agro-industries are a principal source of value addition for primary agricultural products, a catalyst for the development of efficient value chains, a contributor to improved product quality and safety, and a provider of services that allow food to flow from production to consumption.In recent years, the importance of the agribusiness sector has grown significantly, as agricultural development strategies shift their focus from production-oriented approach to a broader systems view that emphasizes agrifood chain coordination, value creation and the institutional setting under which chains operate.
Seen as an engine for growth, agribusiness and its related industries are receiving increased attention in policies and strategies that aim to promote investments in agro-enterprises and develop agro-based value chains.
Anayo Okeke - Federal University of Agriculture, Makurdi, UAM, Department of Agricultural Management.
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